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Chinese Stock Market Collapses 7.4% – Gold Demand Surges To Record | Zero Hedge

Shanghai Gold Exchange volume climbed to a record today as prices declined incentivizing value driven Chinese buyers as Chinese stocks crashed 7.4%. Chinese stocks have had the biggest two-week loss in more than 18 years and are close to entering a bear market after extending losses from their June 12 peak to 19 percent in less than three weeks.

Source: Chinese Stock Market Collapses 7.4% – Gold Demand Surges To Record | Zero Hedge


Categorised as: interesting

Posted by: Kramer



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